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<blockquote data-quote="klein" data-source="post: 985032" data-attributes="member: 23950"><p>OH well , if you're still alive in 2025, you may want to thank Obama for only using half the fuel you use now (making your $4/gallon seem like $2/gallon, again) !</p><p></p><p>NEW YORK (Reuters) - The global push to improve fuel efficiency in vehicle fleets will more than double the demand for aluminum in the auto market by 2025, Alcoa's director of automotive marketing said Wednesday.</p><p>Car makers from BMW to Audi have already started to react to the so-called Corporate Average Fuel Economy (CAFE) standards and are beginning to move away from heavier steel body frames to lighter-weight material in what should be the "next frontier" for the aluminum industry.</p><p></p><p></p><p>In the U.S., President Obama increased the CAFE standard from a target of 35.5 miles per gallon in 2016 to 54.5 miles per gallon by 2025, which was initially met with a lot of criticism from many automakers worried about rising costs and sticker-shocked customers.</p><p>But that resistance now appears to be fading.</p><p></p><p></p><p>In order to support this automotive demand growth, Alcoa has invested $300 million in expansion projects at its Davenport, Iowa rolled products plant.</p><p></p><p><span style="color: #000080">(look at that - even more jobs created) !!!!</span></p></blockquote><p></p>
[QUOTE="klein, post: 985032, member: 23950"] OH well , if you're still alive in 2025, you may want to thank Obama for only using half the fuel you use now (making your $4/gallon seem like $2/gallon, again) ! NEW YORK (Reuters) - The global push to improve fuel efficiency in vehicle fleets will more than double the demand for aluminum in the auto market by 2025, Alcoa's director of automotive marketing said Wednesday. Car makers from BMW to Audi have already started to react to the so-called Corporate Average Fuel Economy (CAFE) standards and are beginning to move away from heavier steel body frames to lighter-weight material in what should be the "next frontier" for the aluminum industry. In the U.S., President Obama increased the CAFE standard from a target of 35.5 miles per gallon in 2016 to 54.5 miles per gallon by 2025, which was initially met with a lot of criticism from many automakers worried about rising costs and sticker-shocked customers. But that resistance now appears to be fading. In order to support this automotive demand growth, Alcoa has invested $300 million in expansion projects at its Davenport, Iowa rolled products plant. [COLOR=#000080](look at that - even more jobs created) !!!![/COLOR] [/QUOTE]
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